Day: December 28, 2024

Bitcoin Next Move Hinges On Critical $96,600 Region – Here’s Why

boss

The price of Bitcoin saw no overall gain over the past week as the premier cryptocurrency continued to undergo a market correction. Despite multiple upward movements, Bitcoin struggled to break past the $100,000 resistance with its price performance in December continuing to deviate from earlier bullish predictions. Amidst this development, market analysts continue to roll out projections on Bitcoin’s potential price move. Is Bitcoin Price Top In? In an X post on December 27, crypto technical analysis handle More Crypto Online shared an interesting prediction on Bitcoin in its current…

Shiba Inu price at risk as burn rate, Shibarium fees fall

Shiba Inu is highly volatile as its burn rate and Shibarium transaction fees continue to fall.  Shiba Inu (SHIB) retreated to $0.000022, down by 33% from its highest level this month. At last check Saturday, the Ethereum meme coin was up at least 3.5%. See below. Source: CoinGecko Why did Shiba Inu retreat? This retreat is mainly because of the ongoing softness and falling volumes in the cryptocurrency industry. Shiba Inu’s fundamentals have also deteriorated in the past few days. First, Shibarium’s network is not growing as it did months…

Crypto Market Remains Greedy Despite Bitcoin Price Crash To $94,000, Is A Recovery Coming?

boss

Este artículo también está disponible en español. You could argue that the cryptocurrency market maintains its confidence despite the Bitcoin price experiencing a significant drop to $94,000. Although price action says otherwise, this confidence is highlighted through various predictions from crypto analysts on social media and on TradingView, which cuts across various cryptocurrencies. Amidst the price decline and market optimism, the Crypto Market Fear and Greed Index continues to point to greed, which leans toward the idea of a momentary dip before a broader recovery. Bitcoin Price Crash Stalls Bullish…

Cryptoquant CEO: US Strategic Bitcoin Reserve Adoption Unlikely Amid Economic Strength

boss

Since Donald Trump was elected the 47th President of the United States, bitcoin advocates have faced skepticism about whether his administration and the forthcoming Congress would introduce a strategic bitcoin reserve. Cryptoquant CEO: ‘Bitcoin Standard’ Needs U.S. Economic Decline to Gain Traction Ki Young Ju, CEO of Cryptoquant, took to social media to voice his […] Original

$350K Bitcoin? Kiyosaki Stands Firm Amid BlackRock ETF Drama

boss

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Dogen at $0.0013 joins the race to $1 with DOGE and SHIB

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A $0.0013 meme coin rises, joining Dogecoin and Shiba Inu in the bold race toward the coveted $1 milestone. A new player in the meme coin arena is turning heads. Priced at a mere $0.0013, this token is stepping up alongside Dogecoin and Shiba Inu in the ambitious race toward $1. The crypto world is buzzing with speculation: will this underdog defy the odds and soar to new heights?…

Odds of Trump approving Bitcoin reserves fall: Polymarket

Polymarket users predict that President-elect Donald Trump will not approve a Strategic Bitcoin Reserve within the first 100 days of his administration. A poll with over $1.5 million in funds puts these odds at just 27%, down from 60% after Trump’s election. This is a notable prediction since Polymarket has been highly accurate in the past, including its estimate on the last presidential election. Odds of strategic Bitcoin reserves are falling | Source: Polymarket Kalshi users disagree Other participants in the prediction market expect Trump to ultimately accept Bitcoin (BTC) as…

Dogecoin Whales Bought Over 90 Million DOGE In 48H – Details

boss

Este artículo también está disponible en español. Dogecoin is currently trading around $0.31, a level that has left investors in a state of uncertainty. The price has been stagnant, neither breaking down nor rallying, as it consolidates and prepares for what could be a significant move. This period of indecision has fueled speculation among DOGE enthusiasts, with many wondering if the popular meme coin is poised for a breakout or further decline. Related Reading Adding to the intrigue, crypto analyst Ali Martinez recently shared key data suggesting a potential bullish…

Don’t expect US to approve Bitcoin reserve: CryptoQuant CEO

boss

In a lengthy post on X, CryptoQuant CEO Ki Young Ju questioned whether the U.S. would embrace a Bitcoin reserve under the incoming Donald Trump administration.  “I personally support the idea of Bitcoin Standard,” Young Ju said. “However, I question whether the U.S., while continuing to grow as other economies stagnate, would adopt Bitcoin as a strategic asset. For the debate to gain serious momentum, the U.S. would need to see its global economic dominance genuinely threatened. At present, market sentiment suggests confidence in the U.S.’s continued supremacy.” Trump, on…